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2713 Cole Castle Dr, The Colony, TX 75056

4 beds • 4 baths • 3423 sqft

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This property looks like a bad Airbnb investment with a projected -24.65% first-year return on $160k initial cash invested.

-24.65%

Cash On Cash

0.19%

Cap Rate

0.03

DSCR

$2,607

Rent

-$3,293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,607 income − $5,900 expenses = $3,293 out of pocket

Income$2,607Out of Pocket$3,293Mortgage P&I$3,293126%Property Taxes$1,02539%Insurance$2279%HOA$1044%Management$39115%CapEx$1044%Maintenance$1044%Other$65225%

Investment Breakdown

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Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$130k

Closing costs

1%

$6,490

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$2,607

Total Expenses

$5,900

Mortgage P&I

126%

$3,293

Property Taxes

39%

$1,025

Home Insurance

9%

$227

HOA

4%

$104

Property Management

15%

$391

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$652

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